Where Does Advanced Micro Devices Stock Rank Among Competitors?

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Advanced Micro Devices

As of January 29, 2026, Advanced Micro Devices (AMD) stock has outperformed most peers over the past year. However, how does it truly measure up against rivals rapidly scaling in the booming AI and data-center market? A closer look reveals robust revenue growth and positive free cash flow, yet profitability margins, specifically operating margin, trail industry leaders like NVIDIA (NVDA) and Broadcom (AVGO). Its notably high P/E ratio suggests a significant premium compared to these peers, potentially offering limited upside if market momentum continues to favor more efficiently valued competitors in the evolving semiconductor landscape.

  • AMD’s operating margin of 9.4% is modest vs. NVDA (58.8%), reflecting NVIDIA’s AI GPU dominance and strong software pricing power.
  • AMD’s 31.8% revenue growth, driven by Ryzen/Radeon and AI accelerators, lags NVDA/MRVL’s greater AI data center demand exposure.
  • AMD’s 114.9% stock gain and 124.0 PE reflect AI growth expectations, but INTC saw stronger returns amid its own AI bets.

Here’s how Advanced Micro Devices stacks up across size, valuation, and profitability versus key peers.

  AMD INTC NVDA AVGO QCOM MRVL
Market Cap ($ Bil) 410.0 235.9 4,683.2 1,565.3 164.1 69.6
Revenue ($ Bil) 32.0 52.9 187.1 63.9 44.3 7.8
PE Ratio 124.0 -883.5 47.2 67.7 29.6 28.1
LTM Revenue Growth 31.8% -0.5% 65.2% 23.9% 13.7% 45.0%
LTM Operating Margin 9.4% -0.0% 58.8% 40.8% 28.0% 14.7%
LTM FCF Margin 17.0% -9.4% 41.3% 42.1% 28.9% 20.2%
12M Market Return 114.9% 146.4% 55.7% 61.7% -9.4% -23.6%

For more details on Advanced Micro Devices, read Buy or Sell AMD Stock. Below we compare AMD’s growth, margin, and valuation with peers across years

Revenue Growth Comparison

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  LTM 2025 2024 2023 2022
AMD 31.8% 13.7% -3.9% 43.6%
INTC -0.5% -0.5% -2.1% -14.0%  
NVDA 65.2% 114.2% 125.9% 0.2%  
AVGO 23.9% 23.9% 44.0% 7.9%  
QCOM 13.7% 13.7% 8.8% -19.0%  
MRVL 45.0% 4.7% -7.0% 32.7%  

Operating Margin Comparison

  LTM 2025 2024 2023 2022
AMD 9.4% 8.1% 1.8% 5.4%
INTC -0.0% -0.0% -8.9% 0.1%  
NVDA 58.8% 62.4% 54.1% 20.7%  
AVGO 40.8% 40.8% 29.1% 45.9%  
QCOM 28.0% 28.0% 26.3% 24.1%  
MRVL 14.7% -6.4% -7.9% 6.1%  

PE Ratio Comparison

  LTM 2025 2024 2023 2022
AMD 124.0 211.4 228.3 174.3
INTC -883.5 -626.1 -4.6 124.7  
NVDA 47.2 62.8 111.4 282.0  
AVGO 67.7 70.5 181.9 32.9  
QCOM 29.6 33.8 16.9 22.3  
MRVL 28.1 -83.1 -101.9 -314.1  

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